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Hollysys Recommends Shareholders Vote FOR Ascendent Transaction to Secure Compelling Value - Vimarsana News

Hollysys Recommends Shareholders Vote FOR Ascendent Transaction to Secure Compelling Value

/PRNewswire/ -- The Board of Directors of Hollysys Automation Technologies Ltd. ("Hollysys" or the "Company") today issued a letter to shareholders reiterating...

Hollysys Recommends Shareholders Vote FOR Ascendent Transaction to Secure Compelling Value - Vimarsana News

Hollysys Recommends Shareholders Vote FOR Ascendent Transaction to Secure Compelling Value

Updated proxy to detail recent engagement with Dazheng BEIJING, Jan. 31, 2024 /PRNewswire/ -- The Board of Directors of Hollysys Automation Technologies Ltd. ("Hollysys" or the "Company") today issued a letter to shareholders reiterating its support for the proposed acquisition of the Company by a buyer controlled by Ascendent Capital Partners ("Ascendent") at the upcoming extraordinary general meeting to...

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng - Vimarsana News

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng

- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction...

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng - Vimarsana News

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng

- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction of yet another new member after multiple changes in...

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng - Vimarsana News

Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng

- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity...